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Tuesday, September 30, 2025
TopicDebt

Topic: Debt

With over $300 billion in debt, Hong Kong court orders liquidation of China’s Evergrande Group

While court order reportedly has recognition in some parts of China, the question is how far would Chinese courts recognise attempts to seize assets of indebted property developer.

High debt burdens and dependence on Centre — the unique fiscal constraints of northeastern states

Northeastern states feature among the most indebted. Many of these states also have high levels of committed expenditure, which means they have less left over for capital creation.

‘Rising expenditure not matched by revenues’ — why Telangana’s debt’s ‘risen almost 10 times’ since 2014

Congress govt tables white paper on state finances in assembly, to highlight 'poor fiscal marksmanship' under K. Chandrashekar Rao in the last 9+ years — ever since Telangana's formation.

IMF’s assertion that RBI over-regulated rupee is weak, but advice on better fiscal targets is useful

Govt, RBI term IMF’s exchange rate re-classification as arbitrary. They also disagree with its assertion that India’s general govt debt-GDP ratio could exceed 100% of GDP in medium term.

Lower October tax revenue growth & higher spending as 2024 polls near could strain govt finances

With tax revenue not doing as well as needed, govt has few choices before it: reduce subsidy-led revenue expenditure, cut back on growth-oriented capex, or miss its fiscal deficit target.

Though improved, central & states’ debt still higher than pre-Covid levels. How this can be managed

Indian govt's status paper presents a consolidated picture of country's debt position & emphasises the need to improve liquidity in the debt market by diversifying the investor base.

At China-led SCO, Jaishankar bats for debt-free connectivity projects for ‘Global South’

‘SCO should work together to promote stability & prosperity in region’, he says at Bishkek summit, calls India-Middle East-Europe corridor 'enabler' of economic prosperity.

AAP govt borrows Rs 47K cr in 14 months. ‘Mammoth’ Rs 27K cr used to repay interest of debts, says Mann

Response came after Raj Bhavan sought details of state incurring additional debt of Rs 50,000 cr since AAP came to power. Opposition leaders allege CM is taking people for ride.

Govt buried key information in footnotes, understated external debt by Rs 2 lakh crore, says CAG 

Audit body found several other irregularities in govt’s accounts for FY22, including cess collections lying unused or misused, and expenditure being placed under opaque headings.

Let states receive global capital. They can’t achieve net zero on their own

Chhattisgarh and Jharkhand where 97% of power generated is from thermal plants will require special support in green transition.

On Camera

Jana Sangh leader VK Malhotra brought Advani to Delhi, kept the party afloat after 1984 setback

Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.